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The eurjpy thread ***
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The eurjpy thread ***

  #1 (permalink)
Trading for Fun
Bodoe , Norway
 
Futures Experience: Intermediate
Platform: Fxcm tradestation II
Favorite Futures: Forex
 
sharpshoota's Avatar
 
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The eurjpy thread ***

Just noticed that there are no threads on the eurjpy here .
I trade often turn to the eurjpy , the volatility makes it great for daytrading.

Right now it seems we're in the middle of a triangle . I will be watching for a breakout.

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  #3 (permalink)
Trading for Fun
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Diamond formation....?
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  #4 (permalink)
Trading for Fun
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Hi, Thanks for the thread, EJ is one of my fav too ...

After considering / pondering yesterday's Draghi, and today nfp, plus the fact that EU making new low this week, i think i'll try to buy EJ once more, targeting min - 137.68 ... if the opportunity arise.

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Good Luck.


Last edited by Thxo; March 6th, 2015 at 03:30 PM.
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  #5 (permalink)
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Seems like we could get a little retrace today, false breakout to the downside early in the sesion.

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  #6 (permalink)
Trading for Fun
Bodoe , Norway
 
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Platform: Fxcm tradestation II
Favorite Futures: Forex
 
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Posts: 142 since Jun 2014
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After yesterdays 61,8% retrace it seems a bit like we are gonna get a volatile down day. False breakout above yesterdays high early in the sesion.

...ended up break even yesterday because of poor entry...

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  #7 (permalink)
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fakeout or breakout....?

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Draghi will be speaking soon too.... hm...

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  #8 (permalink)
Trading for Fun
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Choppy day so far....

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Last edited by sharpshoota; March 13th, 2015 at 07:32 AM.
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I like EUR/JPY short on a longer timeframe from a momentum, relative value vs counterparts, fundamental, and risk sentiment perspective.

1:3 risk reward:
S/L @ 1.31970
T/P @ 1.20998

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Today we'll probably spend in this channel.... I guess

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